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ALN Dec. 2013 Abilene, Amarillo, Corpus Christi, Lubbock ALN Dec. 2013 Abilene, Amarillo, Corpus Christi, Lubbock https://www.recenter.tamu.edu/news/newstalk-texas/?Item=53132014-01-09T07:50:00Z2014-01-09T00:00:00Z

ABILENE, AMARILLO, CORPUS CHRISTI, LUBBOCK - ALN Apartment Data has released the December 2013 review of occupancy, effective rent and other data for many Texas cities.

Markets Abilene Amarillo Corpus
Christi
Lubbock
Stabilized Market Overview December 2013
Occupancy 91.1 91.6 95.2 92.0
Units added 0 -57 -57 224
Units absorbed (annual) -63 75 -118 358
Average size (SF) 868 812 847 842
Asking rent $649 $655 $830 $683
Effective rent $637 $645 $827 $678
Effective rent per SF $0.73 $0.79 $0.98 $0.80
Offering concessions 40% 33% 10% 19%
Avg. concession package 5.2% 4.6% 2.9% 4.0%

*Stabilized Market is everything in a market except for apartments in initial lease-up.

ALN Apartment Data provides more Texas city information including general overviews.

ALN Apartment Data
Texas
Multifamily
http://alndata.com/%5cmarket_news.phpRead more at {Source}

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